Dear Seniors & Colleagues,
Just would like to take your view on the below situation:-
Unclaimed salaries/bonus are lying with us in the company for those employees who all are either absconding or left the job without notice period.
We have held their salaries for 1 month at that time and in their full & final settlement recoveries occured may be because of wage for bulk attendance or for ntice period.
Recoveries are on higher side than the wages to be paid and we have sent letters to these employees to pay us this recovery but they never turned up and amount are lying unclaimed.
Please advise can we recover this amount of recovery from this unclaimed salaries? or else whether we have to deposit this amount to labour welfare fund?
Please advise.
Regards
Ranjeet
Just would like to take your view on the below situation:-
Unclaimed salaries/bonus are lying with us in the company for those employees who all are either absconding or left the job without notice period.
We have held their salaries for 1 month at that time and in their full & final settlement recoveries occured may be because of wage for bulk attendance or for ntice period.
Recoveries are on higher side than the wages to be paid and we have sent letters to these employees to pay us this recovery but they never turned up and amount are lying unclaimed.
Please advise can we recover this amount of recovery from this unclaimed salaries? or else whether we have to deposit this amount to labour welfare fund?
Please advise.
Regards
Ranjeet